Tag Archives: CAD
Canadian February GDP Rises More than Expected
– February 2013 GDP came in at a stronger than expected 0.3% following an upwardly revised 0.3% gain in January.
US Market Preview
USD: The Dollar has been able to shake off overnight pressure and post modest gains this US morning, although upside momentum has been limited at
Economic developments adding to Riksbank headache
So far this year, SEK has been the one of the strongest performing G10 currencies. According to our own flow data and SEK Views survey mainly foreign investors have bought the SEK,
FX G10/EM Morning Trader Views
EUR – Stays supported above 1.3070 in Asia although still struggling to gain much traction on spikes above 1.3110 for the time being – Month end today before European holiday and
FX Daily Strategist: Europe
Cyclicals continue to turn against USD The USD is trading on the defensive at the start of a pivotal week for the US economic and monetary policy outlook.
US Market Preview
USD: The Dollar is finding significant pressure to start out the new trading week, and is likely to remain squarely on the defensive throughout today’s trading session.
CFTC: AUD longs and JPY shorts scaled back
Hedge funds were small net buyers of dollars during the week ending April 23 as selling of AUD and EUR more than offset buying of JPY and CHF.
The Week Ahead in FX
In the week ahead, investors will be awaiting the outcomes of policy meetings by the Federal Reserve and the ECB, as well as Friday’s closely watched report on US nonfarm payrolls.
FX SENTIMENT REPORT
– Traders continue to hold a net long USD position of $16.6bn, with short positions in CAD, JPY, EUR and GBP and long positions in AUD, NZD, MXN and CHF.
US Market Preview
USD: The Dollar is finding mild pressure this morning, but has been able to hold onto a large portion of yesterday’s sizable recovery from weekly lows.
FX G10/EM Morning Trader Views
EUR – Choppy best way to describe it – we squeezed yesterday enough to take people out of shorts but again failed at that 1.3090/1.31 region for the full reverse on eurgbp selling from RM and
US Market Preview
USD: The Dollar has been under pressure throughout the overnight session, and at this point has given back all of this week’s early gains.